Revenue (Tables)

12 Months Ended

Dec. 31, 2018

Disaggregation of Revenue from Contracts with Customers

(ii) Disaggregation of revenue from contracts with customers

In the following table, revenue from contracts with customers is disaggregated by types of goods, primary geographical markets, geographical location of customers, distribution channels, brands and timing of revenue recognition.


	2018		2017
Types of goods
Sale of upholstery furniture		365,346		389,528
Sale of home furnishing accessories		41,733		33,560
Sale of polyurethane foam		14,958		15,501
Sale of other goods		6,502		10,291

		428,539		448,880

The sale of upholstery furniture includes the following categories: stationary furniture (sofas, loveseats and armchairs), sectional furniture, motion furniture, sofa beds and occasional chairs, including recliners and massage chairs.


	2018		2017
Geographical markets
Europe, Middle East and Africa		212,481		218,896
Americas		137,452		153,647
Asia-Pacific		78,606		76,337

		428,539		448,880


	2018		2017
Geographical location of customers
United States of America		94,393		107,262
Italy		53,261		55,379
China		47,099		41,369
United Kingdom		43,501		48,266
Canada		17,371		20,030
Spain		17,334		17,077
Brazil		16,332		16,182
Germany		11,455		12,462
France		11,179		9,999
Australia		9,903		9,738
Belgium		8,682		8,214
Korea		8,232		9,847
Other countries (none greater than 5%)		89,797		93,055

Total		428,539		448,880


	2018		2017
Distribution channels
Wholesale		365,499		392,332
Retail		63,040		56,548

		428,539		448,880


	2018		2017
Brands
Natuzzi Editions		167,925		183,838
Natuzzi Italia		144,953		134,740
Softaly		94,201		104,509
Unbranded		21,460		25,793

		428,539		448,880


	2018		2017
Timing of revenue recognition
Goods transferred at a point in time		427,493		448,206
Goods and services transferred over time		1,046		674

Subtotal		428,539		448,880

Summary of Information about Receivables and Contract Liabilities from Contracts with Customers

The following table provides information about receivables and contract liabilities from contracts with customers.


	31/12/18		31/12/17

Trade receivables		40,967		37,549
Contract liabilities		22,099		15,533

Summary of Transaction Price Allocated to Remaining Performance Obligations

The transaction price allocated to the remaining performance obligations (partially unsatisfied) as at December 31, 2018 and 2017 as follows:


	31/12/18		31/12/17
Sale of Natuzzi Display System
Within a year		1,138		758
More than a year		2,261		1,878

Total		3,399		2,636

Sale of Service-Type Warranties
Within a year		332		278
More than a year		565		682

Total		897		960

Sale of the licence-for Natuzzi trademarks
Within a year		383		—
More than a year		7,108		—

Total		7,491		—